(Astrology Explored) Stamping its feet and ironically crying discrimination multi-billion dollar retailer Walmart threatened put the stops on opening new stores in Washington D. C. if that city’s council insists on passing a law mandating a $12.50 minimum wage for large retailers.
The proposal comes on the heels of a wave of union-backed worker protests against Walmart, demanding better hours and a “living wage,” which some have pinned at $15 an hour, and accusing the country’s largest employer of retaliating against workers who try to organize. . . Last week, two major European pension funds divested from Walmart, citing labor violations.
Walmart, according to Wikipedia:
. . .is the world’s third largest public corporation, according to the Fortune Global 500 list in 2012, the biggest private employer in the world with over two million employees, and is the largest retailer in the world.
Walmart reports a net profit of 17 billion dollars on gross revenue of 469 billion dollars. Continue reading